Morningstar

Lord Abbett Growth Leaders Fund Class R6 LGLVX

Morningstar Medalist Rating
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Medalist Rating as of See Lord Abbett Investment Hub
  • NAV / 1-Day Return $57.37  /  −0.17 %
  • Fund Size $7.1B
  • Adjusted Expense Ratio 0.580%
  • Net Expense Ratio 0.580%
  • Fee Level: Distribution Average
  • Share Class Type Retirement, Large
  • Morningstar Category Large Growth
  • Equity Style Box (Funds) Large Growth
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 0.00%
  • Turnover Ratio 72%
NAV and 1-Day Return as of

Morningstar’s Analysis LGLVX

Will LGLVX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LGLVX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LGLVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LGLVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This aggressive-growth process delivers wide swings and mixed results.

Analyst Drew Carter

Drew Carter

Analyst

Summary

Lord Abbett Growth Equity’s aggressive, momentum-driven approach can leave investors exposed when market leadership shifts. The strategy—available through a US mutual fund and separate account, as well as an Ireland-domiciled vehicle—leans heavily on fast-growing companies and technical signals, resulting in pronounced performance swings and an uneven long-term record relative to its benchmark.

by Drew Carter
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Portfolio Holdings LGLVX

More LGLVX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 46.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
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